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单词 maximin
释义

Definition of maximin in English:

maximin

noun ˈmaksɪmɪnˈmaksəˌmin
Mathematics
  • 1The highest of a set of minimum values.

    Compare with minimax
    Example sentencesExamples
    • Developers team up with mortgage agencies to provide a mortgage insurance programme with maximin loan-to-value ratio of 95 per cent to lure homebuyers.
    • In other words, the average utilities measure the value of the opportunity sets offered to individuals, and one applies the maximin criterion to such values, in order to equalize the value of opportunity sets.
    1. 1.1as modifier Denoting a method or strategy in game theory that maximizes the smallest gain that can be relied on by a participant in a game or other situation of conflict.
      Example sentencesExamples
      • The idea of maximin relative concession is that each bargainer will be most concerned with the concessions that she makes from her ideal outcome relative to the concessions that others make.
      • A philosopher simply couldn't play the game absent some basic facility with indifference curves, Edgeworth boxes, prisoners' dilemmas, maximin rational choice strategy, and related esoterica that had infiltrated the discussion.
      • Using the maximin strategy, would they choose as a primary principle the one of parental rights, subject to reasonable limits, where parents have a protected sphere of authority to raise their children?
      • At the other extreme, hardly any weight is given to maximizing well-being as it competes with priority, and the prioritarian doctrine is then barely distinguishable from the maximin principle with well-being as the maximand.
      • The maximin rule of economic theory doesn't necessarily fit existential queries!

Origin

1950s: blend of maximum and minimum, on the pattern of minimax.

 
 

Definition of maximin in US English:

maximin

nounˈmaksəˌmin
Mathematics
  • 1The largest of a series of minima.

    Compare with minimax
    Example sentencesExamples
    • Developers team up with mortgage agencies to provide a mortgage insurance programme with maximin loan-to-value ratio of 95 per cent to lure homebuyers.
    • In other words, the average utilities measure the value of the opportunity sets offered to individuals, and one applies the maximin criterion to such values, in order to equalize the value of opportunity sets.
    1. 1.1as modifier Denoting a method or strategy in game theory that maximizes the smallest gain that can be relied on by a participant in a game or other situation of conflict.
      Example sentencesExamples
      • The idea of maximin relative concession is that each bargainer will be most concerned with the concessions that she makes from her ideal outcome relative to the concessions that others make.
      • Using the maximin strategy, would they choose as a primary principle the one of parental rights, subject to reasonable limits, where parents have a protected sphere of authority to raise their children?
      • The maximin rule of economic theory doesn't necessarily fit existential queries!
      • A philosopher simply couldn't play the game absent some basic facility with indifference curves, Edgeworth boxes, prisoners' dilemmas, maximin rational choice strategy, and related esoterica that had infiltrated the discussion.
      • At the other extreme, hardly any weight is given to maximizing well-being as it competes with priority, and the prioritarian doctrine is then barely distinguishable from the maximin principle with well-being as the maximand.

Origin

1950s: blend of maximum and minimum, on the pattern of minimax.

 
 
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更新时间:2024/9/22 3:40:57